iHeart is Now Using the Word Bankruptcy


  • Cumulus denies it but now iHeart actually talks about it – this is some scary s@#t.
  • iHeart’s latest move to try and sucker investors into buying investments in a subsidiary group – with no protection to them. Details.
  • Actual wording of how investors will get screwed hoping you won’t read this.
  • Which prestigious Wall Street firm has called iHeart the junk bonds of junk bonds.
  • The new debt for equity stock got this many takers on day one.
  • It’s not whether but when – Wall Street money people revised their timetable for a Chapter 11 filing.

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